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Shelby County, TN · Sold

TN-533394

1504 County Road 212

$43,200
$7,397/ac · 5.84 ac
Acreage5.84 ac
Price per acre$7,397/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedMar 26, 2024
Coordinates35.2673, -89.9730
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Shelby County, Tennessee. Cumberland Plateau and Middle Tennessee tracts; retirees and cabin builders.

View Shelby market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
10
Low risk
Wetlands3.8% of tract

Little to no mapped wetland coverage.

Average slope11.2%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

486 ft of deeded road frontage.

Power12 ft away

Power at or near the road.

Buildable area5.34 of 5.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$43,236
$31,130$55,342 · $7,403/ac on 5.84 ac
Asking vs estimate
-0.1%
In line with the comp set

Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $43,200
Maximum allowable offer
$24,706
$4,231/ac · +30.0% target margin

You need $18,494 off asking to hit this margin.

All-in cost$26,806
Net resale$39,777
Projected profit$12,971
ROI+48.4%
Annualized+69.3%
Break-even resale$4,989/ac
Profit if resale lands off target
-20%
$5,016
-10%
$8,993
0%
$12,971
+10%
$16,949
+20%
$20,927
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
TN-713351
Gravel · Off grid
5.7Oct 18, 2025$46,6008,2129,9815.0 mi
82
TN-123843
Paved · Off grid
8.1May 1, 2026$45,7005,6495,8131.5 mi
81
TN-143826
Gravel · Power at road
8.0Nov 20, 2025$45,9005,7466,0345.1 mi
79
TN-853267
Gravel · Off grid
5.3Sep 29, 2024$27,8005,2176,59110.9 mi
76
TN-752583
Dirt · Full utilities
3.3Jul 27, 2026$15,9004,8804,5518.9 mi
74
TN-514275
Paved · Full utilities
11.1Nov 15, 2025$108,1009,7747,31410.0 mi
67
TN-494074
Gravel · Off grid
9.6Nov 20, 2023$41,1004,2915,8116.6 mi
66
TN-152620
Dirt · Power at road
3.3May 1, 2025$30,0008,99110,77011.5 mi
65
TN-532138
Gravel · Off grid
2.4Jun 4, 2024$14,2006,0247,49211.9 mi
59
TN-151748
Dirt · Full utilities
1.8Nov 30, 2023$18,40010,42110,64510.5 mi
56
Show adjustment detail for the top comp
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (10 mo)+3.5%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.